Gvfl Limited - Company Profile

Q: Who are the current directors of Gvfl Limited?

The current directors of Gvfl Limited are Bankimchandra Shashikant Mehta, Sunil Rajnikant Parekh, Lekha Shivdhani Sharma, Praveena Deverajan Kannan, Mihirkumar Arvind Joshi, Tapan Ray.

It is a financial services public limited company based in Ahmadabad City, Gujarat, India, established in 1990.

1990 Ahmadabad City, Gujarat, India Active

Last Updated: January 11, 2026

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About Gvfl Limited

Gvfl Limited, a active public limited company, was established on 02 July 1990 in Ahmadabad City, Gujarat, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U65923GJ1990PLC013966. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.05 Cr and a paid-up capital of ₹1.10 Cr.

Formerly known as Gujarat Venture Finance Limited. It upholds a compliant status. Its leadership includes Bankimchandra Shashikant Mehta (Director), Sunil Rajnikant Parekh (Director), Praveena Deverajan Kannan (Director). Past directors included Bankimchandra Shashikant Mehta, Sanjay Kumar Randhar, Arvind Prasad Mathur. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at C-1221, 1222 Stratum @ Venus Ground, Satellite Road, Nehrunagar, Ahmadabad City, Gujarat, 380015.

Company Details

CIN/LLPIN
U65923GJ1990PLC013966
Registration Number
013966
Incorporation Date
02 July 1990
Authorized Capital
₹5.05 Cr
Paid-Up Capital
₹1.10 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.05 Cr as on 11-01-2026
Paid Up Capital ₹ 1.10 Cr as on 11-01-2026
Company Age 35 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** -15.74% (FY 2023)
Profit Growth **** -42.50% (FY 2023)
Ebitda **** -31.47% (FY 2023)
Net Worth 7.49% (FY 2023)
Total Assets **** 5.86% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Gvfl Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Gvfl Limited?

Current Directors

Name	Designation	Appointment Date	Status
Bankimchandra Shashikant Mehta	Director	19 Nov 2020	Current
Sunil Rajnikant Parekh	Director	27 Aug 2015	Current
Praveena Deverajan Kannan	Director	16 Apr 2025	Current
Mihirkumar Arvind Joshi	Managing Director	12 Nov 2024	Current
Tapan Ray	Director	19 Nov 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	22 Dec 2020	Past
Pramod Abcsdd	Director	15 Sep 2020	Past
Pramod Abcsdd	Additional Director	22 Dec 2020	Past
Pramod Abcsdd	Nominee Director	07 Sep 2010	Past
Pramod Abcsdd	Director	30 Mar 2021	Past
Pramod Abcsdd	Additional Director	30 Sep 2015	Past

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Financial Performance of Gvfl.

Gvfl Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.74% decrease. The company also saw a substantial fall in profitability, with a 42.5% decrease in profit. The company's net worth moved up by a moderate rise of 7.49%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-15.74%

*******

Revenue from Operations

*******

-2.29%

*******

Total Assets

*******

5.86%

*******

Profit or Loss

*******

-42.50%

*******

Net Worth

*******

7.49%

*******

EBITDA

*******

-31.47%

*******

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What is the Ownership and Shareholding Structure of Gvfl?

In 2023, Gvfl had a promoter holding of 65.33% and a public holding of 34.67%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Gvfl?

Unlock and access historical data on people associated with Gvfl, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Gvfl, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gvfl's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Gvfl

Recent Activity within the Organization

Annual General Meeting

Gvfl Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Director Appointment

Praveena Deverajan Kannan was appointed as a Director was appointed as a Director on 16 Apr 2025 & has been associated with this company since 10 months 1 day . was recorded as a recent event.
16 Apr 2025
Balance Sheet

The activity Gvfl Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.
31 Mar 2025
Director Appointment

The activity Mihirkumar Arvind Joshi was appointed as a Managing Director was appointed as a Managing Director on 12 Nov 2024 & has been associated with this company since 1 year 3 months . was completed.
12 Nov 2024
Director Appointment

The activity Lekha Shivdhani Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 26 Nov 2021 & has been associated with this company since 4 years 2 months . was completed.
26 Nov 2021
Director Appointment

The activity Bankimchandra Shashikant Mehta was appointed as a Director was appointed as a Director on 19 Nov 2020 & has been associated with this company since 5 years 2 months . was completed.
19 Nov 2020

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